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While the total pay decreased for 40 per cent respondents, a temporary reduction in fixed pay was experienced only by 16 per cent of employees (Photo: Mint)

40% India employees witnessed reduction in pay due to COVID pandemic: Survey

2 min read . Updated: 30 Jun 2021

Post the outbreak of the coronavirus pandemic, the job market has got battered with millions out of jobs and many more observing a pay cut or income loss.

Employees wary of variable pay as firms cut costs amid covid, says survey

2 min read . Updated: 01 Jul 2021

The proposed sale is subject to the necessary approvals of the concerned parties.

JSPL sells entire stake in Jindal Power to Worldone for ₹3,015 crore

1 min read . Updated: 27 Apr 2021

India has consolidated 29 labour laws into four broad codes on wages, social security, occupational safety and industrial relation. Photo: Reuters

At least 64% firms optimistic about long-term impact of labour reforms: Survey

2 min read . Updated: 27 Mar 2021

The agency has alleged that DHFL created 260,000 fake home loan accounts under PMAY for loans totalling ₹14,046 crore, of which it routed ₹11,755.79 crore to fictitious firms known as Bandra Book Firms (Mint)

CBI books DHFL over fake accounts created in PMAY

2 min read . Updated: 24 Mar 2021

The provision will be part of the labour code, and once the new rules are implemented, employers will no longer be required to seek government permission to shift to a four- or a five-day working week if their employees approve the arrangement.

Grant Thornton survey says 50% companies prepared to implement new labour codes

1 min read . Updated: 24 Mar 2021

Some 34 individual creditors have submitted claims, excluding employees, though this number may increase as further claims are made during the administration, the Grant Thornton statement said. (REUTERS)

SoftBank seeks $1.2 billion in Greensill collapse

1 min read . Updated: 19 Mar 2021

DHFL’s resolution is critical since it will set a precedent for future insolvency cases in the lending sector

DHFL auditor finds another fraud of ₹1,424 crore, files affidavits in NCLT

1 min read . Updated: 05 Mar 2021

71% of Indian business leaders are optimistic about the economy’s rebound to higher growth in 2021. (Bloomberg)

India Inc optimistic of economic growth in 2021: Grant Thornton

1 min read . Updated: 04 Mar 2021

The United Nation’s sustainable development goals aim to promote responsible consumption and production, resource and energy efficiency, and development of sustainable infrastructure within the workplace, among others. Photo: Bloomberg

Indian women rank ahead of global peers in leadership roles

1 min read . Updated: 04 Mar 2021

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